FHFA director Pulte says adding Westcor to Fannie Mae’s title acceptance pilot

FHFA Director William Pulte said via X, formerly Twitter: “Effective today, in order to further reduce closing costs for homeowners, and foster more competition, we will be adding a second vendor – Westcor – to Fannie Mae’s title acceptance pilot on certain refinances.” The Fly notes that shares of Fidelity National (FNF) and First American (FAF) are down 7.5% and 8.3%, respectively.